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Feb 22, 2013
02/13
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the u.s. department of education's ready to learn grant, and viewers like you, thank you. go online now to pbskidsgo.org and play some electric company games. you can win points forll of your favorite people, or your most favorite person, me, manny spamboni. now go, because the next time i see you, i better have more points. you're almost there! i need that cheese. you got it, you got it! come on, buddy, i need the cheese. and didn't we know how to a...da -- sorry. (laughter) ooh, i threw my neck out! captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening. i'm susie gharib. hewlett-packard's turnaround gains traction, c.e.o. meg whitman in with a winning quarter and an improved outlook. >> tom: i'm tom hudson. from weakening demand, to currency concerns, we look at what's behind the big selloff in commodities. >> susie: and u.s. companies and infrastructure are increasing under the threat of cyber attack. we look at a new plan tying safeguards to trade policy. >> tom: that and m
the u.s. department of education's ready to learn grant, and viewers like you, thank you. go online now to pbskidsgo.org and play some electric company games. you can win points forll of your favorite people, or your most favorite person, me, manny spamboni. now go, because the next time i see you, i better have more points. you're almost there! i need that cheese. you got it, you got it! come on, buddy, i need the cheese. and didn't we know how to a...da -- sorry. (laughter) ooh, i threw my...
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Feb 16, 2013
02/13
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agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. play awesome electric company games and earn points for your favorite person, like me, hector. i mean, i'm your favorite, right? so what are you waiting for? i'm great at telling people what to do. hey kids! pick up that trash. kidding with these, right? hey! (sneezing) bless you! captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. the easy talk, but difficult plans to meet the challenge of creating more middle class jobs. finance ministers and central bankers from the world's biggest economies meet to debate spending cuts versus growth. we look at international investing and pockets of strength around the globe. and, hedge fund manager carl icahn ups his stake in herbalife, calling the vitamin maker a legit business. that and more tonight on "n.b.r." investors spent much of this week focused on the u.s. market with major market indexes hitting five-y
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. play awesome electric company games and earn points for your favorite person, like me, hector. i mean, i'm your favorite, right? so what are you waiting for? i'm great at telling people what to do. hey kids! pick up that trash. kidding with these, right? hey! (sneezing) bless you! captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off...
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Feb 6, 2013
02/13
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. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago private. it's a $24.5 billion deal offering dell investors $13.65 per share. now, at one point, dell was the largest p.c. maker in the world, boasting market capitalization of more than $100 billion. now, it sits behind apple, hewlett packard and lenovo, valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those
. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago...
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Feb 9, 2013
02/13
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the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making prarations today. erika ller repor. >> reporter: this monstrous storm is already being compared to the great blizzard of '78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could al
the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record...
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360
Feb 23, 2013
02/13
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agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. just go online to pbskidsgo.org. we have behind-the-scenes, entire episodes, and loads of brand-new games all the time. but n't just take my wd for it, go, check it out for yourself. play your harmonica like you mean it! this is going to go on a long time! and i'm not sorry to do it! i love that thing! i like your hat! i like your shoes! (laughter) captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. from less money in your paycheck, to paying more at the gas pump, consumers are feeling the pinch, now company's dependent on spending, are feeling the heat. then there's coming government spending cuts. does the economy have enough kick in it to withstand the sequester? and a big win for activist investor david einhorn in his fight to get apple to share the wealth, with its shareholders. that and more tonight on "n.b.r."! if you get a paycheck, no doubt y
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. just go online to pbskidsgo.org. we have behind-the-scenes, entire episodes, and loads of brand-new games all the time. but n't just take my wd for it, go, check it out for yourself. play your harmonica like you mean it! this is going to go on a long time! and i'm not sorry to do it! i love that thing! i like your hat! i like your shoes! (laughter) captioning sponsored by wpbt >> this...
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Feb 13, 2013
02/13
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u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and re
u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to...
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Feb 8, 2013
02/13
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u.s. airways stock was higher on the speculation, rising 3.8%. u.s. airways shareholders would likely get a minority stake if they merge with american airles. stocks of other major air carriers rallied as well. delta air lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling in his state. if it happens, new jersey would be one of the first states to allow it. that support was enough to get gaming stocks moving up. aesa entertainme jumped 18.6% to its highest price since july. boyd gaming saw a more modest 2.7% rally, but volume more than quadrupled. as erika reported earlier in the program, january retail sales are coming in, but so did a warning from the parent company of ann taylor. ann, as the company is known, warned that its fourth quarter sales and margins will be weak, blaming super-storm sandy, and disappointing products at its loft
u.s. airways stock was higher on the speculation, rising 3.8%. u.s. airways shareholders would likely get a minority stake if they merge with american airles. stocks of other major air carriers rallied as well. delta air lines rose 2.7% to a new 52 week high. united continental gained 1.6% to within almost a dollar of a new yearly high. the possibility of online gambling coming to the garden state. new jersey governor chris christ)"Ñpgnounced his support to legalize internet gambling in...
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Feb 7, 2013
02/13
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the u.s. postal service is dropping saturday letter deliveries to save billions. >> tom: i'm tom hudson. fresh pain at the pump. american drivers see a steep jump in gas prices: up 15 cents a gallon in the past week alone. >> susie: and the federal reserve says it's been hit, by cyber hackers. we look at u.s. businesses and just how safe their networks are. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s. postal service says this summer it will stop delivering mail on saturdays, ending a service that began 150 years ago. cutting back to a five-day a week schedule will save $2- billion. the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plunges. congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable prod
the u.s. postal service is dropping saturday letter deliveries to save billions. >> tom: i'm tom hudson. fresh pain at the pump. american drivers see a steep jump in gas prices: up 15 cents a gallon in the past week alone. >> susie: and the federal reserve says it's been hit, by cyber hackers. we look at u.s. businesses and just how safe their networks are. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s. postal service says this summer it will...
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Feb 1, 2013
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he also recommends to go out the u.s. and buy global stocks and currencies from countries like the ones he mentioned, australia, brazil, mexico and canada. what do you think of that bill growth assessment? >> well, you know n my opinion, and really for our clients here as wells fargo advisors, i mean i still firmly believe that one of the best way force people to build wealth over time, build wealth for retirement is building to be by owning equities. i certainly think they need to own a good chunk of u.s. equities. now saying that, the growth, we have hundreds of millions of people around the world that are coming into the middle class. their wages are rise. they want cars, washing machine, all the things we take for granted that is where the growth is going to be. we're in a mature economy. our population is only growing 1%. japan's declining, a lot of western europe is declining. so i agree that you need to invest internationally to take advantage of that growth. but i disagree that you cannot find some favorable retur
he also recommends to go out the u.s. and buy global stocks and currencies from countries like the ones he mentioned, australia, brazil, mexico and canada. what do you think of that bill growth assessment? >> well, you know n my opinion, and really for our clients here as wells fargo advisors, i mean i still firmly believe that one of the best way force people to build wealth over time, build wealth for retirement is building to be by owning equities. i certainly think they need to own a...
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Feb 27, 2013
02/13
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agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. i'm sorry, there's something on your nose. it's a white...thing. he's my brother and he's no liar, so back off, francine. great...cut! (laughter) i know you like playing games, and i always try to do my best. so go to pbskidsgo.org and play awesome electric company games and earn points r your favorite person, like me, hector. i mean, i'm your favorite, right? so what are you waiting for? >> this is nbr. captioning sponsored by wpbt >> tom: i'm tom hudson. susie is off tonight. federal reserve boss ben bernanke shows signs that the central bank will continue buying government bonds to help support the economy. the housing recovery continues building ground, with new home sales and home prices hitting multi-year highs. and the banking business may have fewer employees, but wall street bonuses are up, rising nearly 10% on average. tonight, a closer look at banking jobs. that and more tonight on nbr! the fed
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. i'm sorry, there's something on your nose. it's a white...thing. he's my brother and he's no liar, so back off, francine. great...cut! (laughter) i know you like playing games, and i always try to do my best. so go to pbskidsgo.org and play awesome electric company games and earn points r your favorite person, like me, hector. i mean, i'm your favorite, right? so what are you waiting for?...
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Feb 28, 2013
02/13
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agreement from the u.s. department of education's ready to lea grant, and viewers like y, thank yo visit pbskidsgo.org where you can play a lot of games for your favorite characters and win votes, too. go ahead, what are you waiting for? hey, you... cut it! (laughing) that's awkward. (laughter) put your -- put it -- sorry! put your name on your mind and... (laughter) captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. wall street's rally extends to a second day, erasing much of the week's losses and pushing the dow to a five year high. helping the markets higher were more commitments by the federal reserve to keep doing what its doing, until the economy improves. but a sour day for apple shareholders, as c.e.o. tim cook sheds little light on how the company plans to use its hoard of cash. that and more tonight on "n.b.r."! for the second day in a row, federal reserve chairman ben bernanke told congress the central bank is not about to change its strategy
agreement from the u.s. department of education's ready to lea grant, and viewers like y, thank yo visit pbskidsgo.org where you can play a lot of games for your favorite characters and win votes, too. go ahead, what are you waiting for? hey, you... cut it! (laughing) that's awkward. (laughter) put your -- put it -- sorry! put your name on your mind and... (laughter) captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. wall...
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Feb 21, 2013
02/13
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agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. have you checked out "the electric company" online? go to pbskidsgo.org -- check out the games, clips, and tons more. the best part is, there's new stuff added all the time. you don't believe me? go check it out for yourself. (laughter) she stole my special skill! give it back this instant! ok, no! never! (beeping) get away, get away from me. captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening i'm tom hudson. stocks fall on fresh signs that even the federal reserve isn't sure how much is enough, when it comes to boosting the economy, by buying government bonds. >> susie: i'm susie gharib. can two weaklings become strong by teaming up. that's what office depot and office max are hoping for, as they decide to merge. >> tom: and a mixed picture on housing, contractors break ground on more single family homes, but pull back on building apartments and condos. >> susie: that and more tonight on
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. have you checked out "the electric company" online? go to pbskidsgo.org -- check out the games, clips, and tons more. the best part is, there's new stuff added all the time. you don't believe me? go check it out for yourself. (laughter) she stole my special skill! give it back this instant! ok, no! never! (beeping) get away, get away from me. captioning sponsored by wpbt >>...
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Feb 20, 2013
02/13
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agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. mmy, bat, nuggets and all your favorite animated characters are auditioning, and you're the judge. so plug into pbskidsgo.org and play to decide who has what it takes. wait, wait, jess, don't leave. i'll help you out here pull! (glass breaking) cut! captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. office depot and office max could be the next big wall street merger. what this year's mergers means for the markets. >> susie: i'm susie gharib. dell's financial outlook in the spotlight today not only because it reported a big drop in sales and profits, but also more questions on how founder michael dell will take his company private. >> tom: and president obama makes another push to avoid government spending cuts as deficit watchdogs roll out a plan to duce government debt. >> susie: we have that and more tonight on "n.b.r." hope and optimism here on wall street today; inve
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. mmy, bat, nuggets and all your favorite animated characters are auditioning, and you're the judge. so plug into pbskidsgo.org and play to decide who has what it takes. wait, wait, jess, don't leave. i'll help you out here pull! (glass breaking) cut! captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. office depot and office max could be the next...
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Feb 5, 2013
02/13
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in january, the u.s. mint temporary suspended sales of 2013 american eagle silver coins, because it ran out of them. a mind-boggling seven-and-a-half million coins were purchased in january; the biggest month on record. the total was just one and a half million ounces the month before. over six million coins were sold in january of last year. yes, there's always strong collector interest at the start of every new year. but this year, there's also strong demand from silver investors, and traders. >> this year, for the last three months, all i've been hearing down here is i want to buy silver coins. i want to buy silver coins. >> reporter: some are buying silver out of fear about inflation. specifically, they worry the federal reserve's efforts to boost the economy will devalue the dollar, so they want to own alternative currencies. but silver doesn't just benefit from safe-haven buying, it's also an industrial commodity. it's used in automobile manufacturing. and many automakers are forecasting increased g
in january, the u.s. mint temporary suspended sales of 2013 american eagle silver coins, because it ran out of them. a mind-boggling seven-and-a-half million coins were purchased in january; the biggest month on record. the total was just one and a half million ounces the month before. over six million coins were sold in january of last year. yes, there's always strong collector interest at the start of every new year. but this year, there's also strong demand from silver investors, and...
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Feb 22, 2013
02/13
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the u.s. economy is not adding jobs, the claims for uninsurance benefits up pas past-- combined with continued worries about economic growth lead the major stroke averages lower within the s&p 500 off by 9.5. >> susie: stocks weren't the only investments falling today. many commodities also ended lower, on top of steep declines yesterday. u.s. oil futures fell to there lowest point this year, closing at $92.84 a barrel. so what's at the root of the commodities sell-off, and will it continue? erika miller reports. >> reporter: selling was heavy in crude oil today, as it was in most commodities. but crude also fell on new inventory data showing a big jump in oil supplies. >> today we had an inventory number which came out, which we were expecting a build of around two million barrels. we got a build of around four million barrels. >> reporter: across the room, gold futures were little changed. although industrial metals like platinum and palladium got slammed. grain prices also plunged, with whe
the u.s. economy is not adding jobs, the claims for uninsurance benefits up pas past-- combined with continued worries about economic growth lead the major stroke averages lower within the s&p 500 off by 9.5. >> susie: stocks weren't the only investments falling today. many commodities also ended lower, on top of steep declines yesterday. u.s. oil futures fell to there lowest point this year, closing at $92.84 a barrel. so what's at the root of the commodities sell-off, and will it...
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Feb 15, 2013
02/13
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investors spent much of this week focused on the u.s. market with major market indexes hitting five-year highs. but now the spotlight is shifting overseas. g-20 finance ministers and central bankers are meeting in moscow over the weekend. they will be debating the need for austerity, versus the need to spur growth. no one expects a quick turnaround for the european economy, which has been mired in recession. but as erika miller reports, that may make now a good time to invest. >> reporter: it would makes sense that american investors would be loading up on u.s. stocks with the market here doing so well. but they're not. last week, investors in stock mutual funds put virtually all their cash in international markets. more than $3 billion went into funds holding international stocks. by comparison, mutual funds holding u.s. stocks suffered their first outflows of the year. investment advisors say small investors may be on to something. >> international investing has had a bad reputation over the last couple of years had a bad experience, p
investors spent much of this week focused on the u.s. market with major market indexes hitting five-year highs. but now the spotlight is shifting overseas. g-20 finance ministers and central bankers are meeting in moscow over the weekend. they will be debating the need for austerity, versus the need to spur growth. no one expects a quick turnaround for the european economy, which has been mired in recession. but as erika miller reports, that may make now a good time to invest. >>...
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Feb 16, 2013
02/13
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all get at least half their revenues outside the u.s. figuring out the international exposure of your potfolio may not be as simple as it once was. but it's still important. foreign stocks typically don't move in lock-step with u.s. stocks. and that can help reduce the risk in your portfolio, if the u.s. market turns south. erika miller, "n.b.r.," new york. >> tom: we'll have more on emerging markets in just a bit with market monitor guest marshall front of money manager front barnett and associates. stocks struggled to gain ground again today, as we learned the nation's manufacturers tapped the brakes in january. production slowed from november and december's robust pace with factory output falling 0.4% last month. on wall street, the dow rose eight points, the nasdaq fell six, the s&p down 1.5 points. the major averages were basically flat on the week. the dow and nasdaq down less than 0.1% the s&p 500 up 0.1%. in washington, this week's theme was the middle class. president obama underlined that in his state of the union address as di
all get at least half their revenues outside the u.s. figuring out the international exposure of your potfolio may not be as simple as it once was. but it's still important. foreign stocks typically don't move in lock-step with u.s. stocks. and that can help reduce the risk in your portfolio, if the u.s. market turns south. erika miller, "n.b.r.," new york. >> tom: we'll have more on emerging markets in just a bit with market monitor guest marshall front of money manager front...
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. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago private. it's a $24.5 billion deal offering dell investors $13.65 per share. now, at one point, dell was the largest p.c. maker in the world, boasting market capitalization of more than $100 billion. now, it sits behind apple hewlett packard and lenovo valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those m
. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago...
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Feb 6, 2013
02/13
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he met with a dozen c.e.o.s from top u.s. companies like yahoo and goldman sachs at the white house today. immigration reform is a key part of the president's strategy to revive the economy. and tom, most c.e.o.s favor it because getting highly skilled immigrants into the u.s. helps our competitiveness. they're all for it. >> tom: lots of concentration on immigration and ployment and wage growth, no doubt. let's go to tonight's "market focus." the broad market returned to a new five and a half year high during today's trading session. the buying started right from the opening bell with the s&p 500 climbing throughout the session, ending up 1%. volume picked up-- 701 million shares on the big board, almost 2.2 billion traded on the nasdaq. the biggest drag on the index yesterday provided the best sector gains today. technology up 1.4%. health care and consumer staples were higher by more than 1% each. leading technology today was computer sciences. c.s.c. concentrates on technology services. it has sold off two businesses, foc
he met with a dozen c.e.o.s from top u.s. companies like yahoo and goldman sachs at the white house today. immigration reform is a key part of the president's strategy to revive the economy. and tom, most c.e.o.s favor it because getting highly skilled immigrants into the u.s. helps our competitiveness. they're all for it. >> tom: lots of concentration on immigration and ployment and wage growth, no doubt. let's go to tonight's "market focus." the broad market returned to a new...
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Feb 23, 2013
02/13
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what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in china with the consumer there who is kind of been pushed and pulled between stim lutz and pulling back the stimulus from beijing? >> that is an area that we do like. besides the long-term secular growth of rising wealth in china, we also now have a new leadership in place in china and that's given more confidence to the chinese consumer, and we think we're going to see continued growth in that parent of the global economy. >> tom: you've described this as a barbell approach. on one end the united states, on the other end you like china. that's leading you to technology. xlk is the ticker symbol. why do you
what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in...
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Feb 13, 2013
02/13
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and we'll get a check-up on the health of the u.s. job market, with the latest employment numbers. >> susie: when it comes to starting a business, successful entrepreneurs often take a "fake it 'til you make it" attitude. here to explain, eric schurenberg, editor-in-chief at inc magazine. >> at inc. we love to tell the stories of entrepreneurs who land their first big job by making their start-up look bigger than it is. bobbi brown, who built a make-up empire out of nothing, got her first sale at bergdorfs by letting the buyers there think she had a deal with crosstown rival saks. she didn't have any such thing, really, but the hint of competition sealed the deal. its not bluffing, brown later rationalized to inc., it's thinking on your feet. well, whatever you call it: thinking on your feet, creative embellishment, fake it 'til you make it-you love it when its done by scrappy entrepreneurs. now compare that to what you read about faking it by big companies-just to pick one from the news, standard & poors. analysts there rated junk mo
and we'll get a check-up on the health of the u.s. job market, with the latest employment numbers. >> susie: when it comes to starting a business, successful entrepreneurs often take a "fake it 'til you make it" attitude. here to explain, eric schurenberg, editor-in-chief at inc magazine. >> at inc. we love to tell the stories of entrepreneurs who land their first big job by making their start-up look bigger than it is. bobbi brown, who built a make-up empire out of...
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Feb 9, 2013
02/13
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but the results were better here in the u.s. with a surprise jump of about 1%, thanks to mcdonald's popular dollar menu. as for mcdonald's shares, up slightly to about $95 a share. >> susie: just two days after the u.s. post office said it will stop saturday deliveries so it can save money. we get more details on how bad things are. the u.s. postal service today reported a loss of more than $1 billion for its first fiscal quarter. that's the october to december period and tom, it's usually the strongest time of year for the post office thanks to holiday cards and packages, but there was as sharp drop in mail volume and this just makes a case for congress to help fix the finances of the post office. >> tom: it looks like it could be a difficult saturday tomorrow on the east coast for all those mail cariers with the snowstorm coming through. in our market focus here, susie, on this friday night, stocks were able stocks crept higher even as many traders paid more attention to the weather. the s&p 500 moved up at the opening bell, h
but the results were better here in the u.s. with a surprise jump of about 1%, thanks to mcdonald's popular dollar menu. as for mcdonald's shares, up slightly to about $95 a share. >> susie: just two days after the u.s. post office said it will stop saturday deliveries so it can save money. we get more details on how bad things are. the u.s. postal service today reported a loss of more than $1 billion for its first fiscal quarter. that's the october to december period and tom, it's...
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Feb 8, 2013
02/13
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., regions of the u.s. are likely to grow more rapedly as a result of manufacturing coming home. and the types of products that can be built there. >> tom: so much of that manufacturing went overseas for lower production cost. if it comes back to the u.s., can it still hold the line and maintain margins and profitability? >> well, i think there's enough inflation going on in some segments of the lower value added manufacturing overseas that companies are seriously looking at the drivers of their cost. and what they are finding is that the inefficiencies of distance, communication, language and-- are just really too high as this point. and that the differentials on wages and materials costs have come down to the point that it makes much more sense particularly for company that has to develop products quickly, get them to market quickly, to do them here at home. >> one of those advantaged manufacturers you do like in the scenario is united technologies makes carrier air conditions, aches otis elevator, pratt
., regions of the u.s. are likely to grow more rapedly as a result of manufacturing coming home. and the types of products that can be built there. >> tom: so much of that manufacturing went overseas for lower production cost. if it comes back to the u.s., can it still hold the line and maintain margins and profitability? >> well, i think there's enough inflation going on in some segments of the lower value added manufacturing overseas that companies are seriously looking at the...